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Traditional Chinese Medicine Hospitals in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Traditional Chinese Medicine Hospitals Market Research Report | Mar 2014

IBISWorld’s Traditional Chinese Medicine Hospitals market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$37bn
Annual Growth 09-14
16.2%
Annual Growth 14-19
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Profit
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Employment
726,547
Businesses
2,971
Industry Analysis & Industry Trends

Driven by government support and increasing demand from patients, the development of traditional Chinese medicine (TCM) hospitals has accelerated in recent years. In 2014, revenue for this industry is expected to increase to $36.9 billion, up 13.8% from 2013 and representing annualized growth of 16.2% from 2009.

For the Traditional Chinese Medicine Hospital industry, a growing number of patients has ensured revenue and profitability increases. Profitability is expected to rise from 0.9% in 2007 to an estimated 4.0% in 2014. The scale of traditional Chinese medicine hospitals has also been expanding. There are about 2,971 traditional Chinese medicine hospitals in China, with 208 beds each on average.... purchase to read more

Industry Report - Industry Analysis Chapter

In the five years through 2014, revenue for the Traditional Chinese Medicine Hospital (TCM) industry has been growing – from $17.4 billion in 2009 to a forecast $36.9 billion in 2014, representing annualized growth of 16.2%.

Development of traditional Chinese medicine hospitals tends to be standardized. In 2014, there are 2,971 traditional Chinese medicine hospitals in China with about 616,000 beds. Each hospital has about 208 beds. In most traditional Chinese medicine hospitals, Western medical devices and detecting methods have been adopted for diagnoses.

Development of the TCM industry has been of growing importance to the Chinese government in recent years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Traditional Chinese Medicine Hospitals Industry?

The Traditional Chinese Medicine Hospital industry in China comprises licensed traditional Chinese medicine general hospitals and traditional Chinese medicine specialized hospitals. Integrated traditional Chinese and Western medicine hospitals and ethnic minority hospitals are not included in this industry.

Industry Products
Outpatient servicesInpatient servicesMedicine sales
 
Industry Activities
Diagnostics and examination servicesMedicine boiling servicesAcupuncture and moxibustion servicesManipulation services Scrape therapy servicesOther hospital services


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